purpose of this case study is to analyze the competitive advantages and key strategies of Bunnings‚ which is one section of Wesfarmers’s business and see how the Bunnings implement the strategies in order to achieve the strategic objectives. Wesfarmers originated in 1914 as a Western Australian farmer’s co-operative and now it is one of Australia’s
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Curtin University Library Strategic Management Competitiveness and Globalisation Dallas Hanson Michael A. Hitt R. Duane Ireland Robert E. Hoskisson I �.. CENGAGE ‚- Learning" Australia· Brazil· Japan. Korea· Mexico· Singapore· Spain. United Kingdom· United States (ENGAGE LearningStrategic management: competitiveness and globalisation 4th Asia-Pacific Edition Dallas Hanson Michael A. Hitt R. Duane Ireland Robert E. Hoskisson Copyright Notice © 2011 Cengage Learning Australia
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and Luxembourg)- David Jones Unique Products - David Jones Brand Name - David Jones(since 1838 ) Domestic Market Store locations as Low risk and high value locations Weaknesses -competitive market (Mayer .Woolworths. Coles Group .Wesfarmers) -investments in research and development Limited global penetration Opportunities -income level is at a constant increase -venture capital -new products and services -new acquisitions -growing demand Threats -global economy -tax changes
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ICE CREAM IN AUSTRALIA 24 Dec 2014 HEADLINES Ice cream grows by 3% in value terms in 2014 and marginally slips in volume terms Two consecutive hot summers revives ice cream Frozen yoghurt records the fastest current value growth of 12% in 2014 Unit prices of ice cream rise from A$7.02/kg in 2013 up to A$7.29/kg in 2014 Unilever Australia Ltd retains its leadership with 31% value share in 2014 Ice cream is expected to continue its strong growth with a value CAGR of 2% at constant 2014 prices over
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tax (EBIT) could fall by as much as 4%‚ compared to his previous guidance whereby he expected EBIT to be in line with last year’s result. Earlier in the year‚ Davis had blamed heavy discounting by supermarket giants Woolworths (ASX: WOW) and Wesfarmers (ASX: WES) – as well as a high Australian dollar – for the tough trading conditions impacting the company. Whilst the grocery market earned a mention for its impact‚ Coca-Cola Amatil took aim at the company’s primary competitor Schweppes for its
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Question 1 a) Select two companies where inadequate internal control have resulted in disastrous effects on the organisation or exposed it to heavy losses. Research the facts of the failure and report on the facts and the losses suffered. In your report‚ include suggestions for changes to operations (internal controls) that could have prevented the final outcome. Where could you find a list of these internal controls and how are they documented? Examples of companies include: Coles Myer
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Value chain analysis To analyze Bunnings value chain‚ an analysis of Bunning’s activities is necessary. As it shown in Micheal Porter’s theory‚ genetic value chain is made up by primary activities and support activities. Primary activities includes inbound logistics‚ operations‚ outbound logistics‚ sales and service. Support activities includes firm infrastructure‚ human resource management‚ technology and procurement. Bunning’s business basically fit this genetic mode. Primary activities is the
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understanding of customers’ profitability is imperative for survival. Executive summary Coles has a rich history with more than 90 years which is founded by George James Coles. Coles supermarket is an Australian supermarket chain owned by Wesfarmers which has the second largest market share. Coles becomes the leader in Australian food retailing with more than 690 stores nationally‚ 100‚000 employees and over 11 million customer transactions a week. The analysis of the Coles Company’s
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Prospective Analysis Forecasting is the process of combining information about the firm obtained in the preceding stages of the analysis; specifically during industry‚ strategy‚ accounting and financial analysis. Importantly‚ it should recognize the opportunities and constraints on future performance imposed by the economic environment‚ and the strategies being employed by the firm. Given the nature of forecasting‚ and the inherent uncertainty of future events‚ it is suggested that attention
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2009. "DATAMONITOR: Woolworths Limited." Woolworths‚ Ltd. SWOT Analysis‚ pp. 5-6‚ Business Source Premier‚ EBSCOhost (accessed October 2‚ 2009). Weekend Australian (Australia)‚ 26 September‚ 2009‚ Blair Speedy‚ p. 27‚ Finance Section Wesfarmers (2008)‚ Wesfarmers Annual Report 2008‚ http://thomson.mobular.net/thomson/7/2802/3518/ - accessed 21st October 2009 (WOW (2006‚ 2007‚ 2009)) Appendix 1: Woolworths Limited’s reformatted financials for the period 2006 to 2008 – Balance Sheet
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